Patel Ltd purchases 75% shares out of 60000 Equity Shares of ?10 each in Chandu Ltd at ?7,95,000. On that date balance of Capital Reserve; Securities Premium; General Reserve and Discount on issue of Debentures were ?69,000; ?1,20,000; ?2,15,000; and ?40,000 respectively. The amount of minority interest will be

The syllabus (with weightage):
A. GAAP and Accounting Standards 20%
B. Accounting of Business Combinations & Restructuring 20%
C. Consolidated Financial Statements 20%
D. Developments in Financial Reporting 25%
E. Government Accounting in India 15%